CFTC to Review Prediction Markets Kalshi’s Contracts to Bet on Control of Congress

Prediction markets — which allow people to “buy and sell contracts on whether events are going to happen or not,” as Kalshi explains on his site — have had a tumultuous recent history with the CFTC. Is. Other companies were ordered to stop doing business in the US, such as Polymarket and PredictIt, which have been fighting the CFTC in court since last year.